About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

Author: Mason Butts

Question of the Day (Updated): What percent of 18-29 year olds are currently living with their parents?

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Sep 22, 2020
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Question of the Day, Budgeting
Answer: 52% Questions: Do you know anyone in the 18-29 year age range who lives with their parents? Who? Why do they live with their parents? Why do you think that certain states have higher percentages of 18-29 year olds living at home with their parents? At what age do you envision yourself living on your own? What is your plan to develop financial independence? How will this number change as the world continues to respond to COVID-19? Here's the ready-to-go slides for this...

Question of the Day (Updated): Can you name ONE of the five most valuable NFL franchises?

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Sep 21, 2020
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Question of the Day, Current Events
Football season is upon us again! Let's see what NFL teams are worth the most. Answer: Dallas Cowboys: $5.7 billion New England Patriots: $4.4 billion New York Giants: $4.3 billion Los Angeles Rams: $4 billion San Francisco 49ers: $3.8 billion Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Questions: What factors do you think drive the value of a sports franchise?  Do you or your friends spend money to support your favorite...

Question of the Day (Updated): How many checks does the average American write each year?

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Sep 16, 2020
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Question of the Day, Checking Accounts
Answer: 36 Questions: If you have a checking account, how many checks have you written in the past month? What do you think are the most common expenses that people write checks for?  What do you think the answer to the number of checks would be for the average teenager with a bank account? Do you think the answer to this question will change in the next five years? Explain.  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the...

Question of the Day (Updated): 93% of employees receive their paycheck via: a) Cash b) Direct Deposit c) Check

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Sep 14, 2020
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Question of the Day, Checking Accounts
Answer: Direct Deposit Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Questions:  In your own words, what do you think direct deposit is? What do you think might be a few advantages to receiving your paycheck this way? In order to receive a paycheck via direct deposit, what does an employee need to have?  Many employees use direct deposit to split their paycheck between their checking and savings accounts. What do you think is...

Question of the Day (Updated): What percent of Americans who have credit card debt won't be able to pay it off within a year?

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Sep 08, 2020
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Question of the Day, Credit Cards
Answer: 70% Questions: What do you think keeps so many Americans from paying off their credit card bill every month? Many who don’t pay their credit card bill every month will just pay the minimum (or about 3% of what they owe). Is that a good strategy? Why or why not? Why is it so important not to carry credit card debt month to month? What advice would you offer to a friend who’s trying to pay down their credit card bill while still managing their other expenses? Click here for...

Question of the Day (Updated): How many payment transactions does a consumer make in a typical month?

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Sep 02, 2020
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Question of the Day, Budgeting
Answer: 72 transactions on average Questions: How many payment transactions do you make in a typical month?  What are the various ways that you pay for things? List them from most to least popular.  How do you keep track of your payment transactions?  How do you think the way you pay for things might change as you get older?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the...

Question of the Day (Update): What is #1 reason that people give for paying their credit card bill late?

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Aug 31, 2020
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Question of the Day, Credit Cards
Answer: 44% Forgot to make the payment Questions: Why do you think that so many people forget to pay their credit card bill?  What do you think are some of the consequences of not paying your bill on time?  What are steps that you can take so you are not one of those "forgetful" people who don't pay their bills on time?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (WalletHub):...

Question of the Day (Updated): What percent of teens expect to work part-time while in college?

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Aug 26, 2020
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Question of the Day, Paying for College
Answer: 43% Questions: Do you plan to work part-time while in college? If so, how many hours do you want to work?  If you don't plan to work part-time while in college, what jobs/internships do you want to pursue during the summer? How much do you want to save from your part-time job/internships? What do you think is the optimal number of hours for working a part-time job without impacting your studies?  Click here for the ready-to-go slides for this Question of the...

Question of the Day (Updated): What percent of 8-14 year olds have a credit card?

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Aug 24, 2020
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Question of the Day, Credit Cards
Answer: 17% "The idea of a child as young as 8-years-old having so much spending power in their pocket may seem absurd to some. But Stuart Ritter, a certified financial planner at T. Rowe Price, isn’t surprised or alarmed by the survey findings. He says it’s all about knowing your son or daughter and preparing them for the responsibility of having a card, if you believe they’re ready for one." Questions: Did you know that you could get a credit card as a child? What do you...

Question of the Day (UPDATE): What is the personal savings rate in the United States?

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Aug 19, 2020
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Savings, Question of the Day
Answer: 19% (as of June 2020) View the current Savings Rate Questions:  How does the personal savings rate today (about 19%) compare to the rate during other periods of time? (In other words, is the rate lower, higher, or around the same?) In our current historical moment, what would be your explanation of a 19% personal savings rate? What has been the general trend for personal savings rate in the U.S. from 1960-2019?  What has happened to the personal savings rate during recessions...

Question of the Day (UPDATE): What is the cost to repair an iPhone screen?

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Aug 17, 2020
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Insurance, Question of the Day
Answer: $29-$329, depending on the model and whether you have carry the AppleCare+ insurance You carry them around with you all the time and apparently break them quite a bit. According to this survey, 2/3 of smartphone users damaged their phones in the past year. Cost to repair specific models found in Question of the Day slides. Questions: Have you damaged your phone in the last year? If so, have you gotten it repaired?  Do you carry cell phone insurance? Why or why not?  Does...

Question of the Day (Update): How Do People Decide What Credit Card To Get?

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Jun 08, 2020
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Question of the Day, Credit Cards, Current Events
Answer: Rewards! Excerpt from the Survey: Generationally, 33% of millennials (ages 23-38) and 34% of Gen Xers (ages 39-54) say APR is the most important factor when deciding which credit card to apply for, compared with 24% of baby boomers (ages 55-73), the survey found. Boomers are more likely to say rewards or a card’s annual fee is the most important factor — 40% picked rewards as the top factor, compared with 29% of millennials and 31% of Gen Xers, and 24% of boomers...

Question of the Day (Update): How Do People Pay For Things?

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Jun 07, 2020
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Question of the Day, Payment Types, Current Events
This Federal Reserve of San Francisco report is chock-full of graphs about payment preferences gathered from their 2018 Diary of Consumer Payment Choice. With so many graphs to choose from, I thought this one could kick-start a great discussion: Just to orient you as to what is being measured here, this graph focuses on the number of transactions rather than the actual value. So, while the percentage of cash transactions might seem high, most of these transactions were for small...

Question of the Day (Update): If you invested $1,000 in Netflix stock ten years ago, what would it be worth now?

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Jun 02, 2020
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Question of the Day, Investing
Answer: NFLX: $71,765.89! (as of 5/29/20) Remember when subscribing to Netflix meant watching the mailbox for DVDs?  Netflix shares have been prone to large gains and losses as it has grown into a dominant media company. But like Apple, Netflix wasn’t exactly the company it is today 10 years ago. In May of 2008, Netflix was primarily a mail-order DVD rental company that had just rolled out a streaming service that was capped at 10 hours of free viewing a month for the base...

Question of the Day (Update): What percent of Gen Z has never written a physical check to pay a bill?

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May 25, 2020
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Question of the Day, Checking Accounts
Answer: around 33% Questions: Did this number surprise you? Why or why not? What are examples of bills that might require a physical check? As Gen Z gets older, do you expect this number to be higher or lower? Explain. Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (from Forbes): "Young adults are using peer-to-peer payments more than the two generations before them. That’s despite...